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- W3125899076 abstract "Much of the literature on the growth of short line railroads praises this phenomenon. For example, one source notes, In many cases, the new local carrier can offer more customized, responsive service than its larger predecessor, and often on a more efficient and lower-cost basis. Also, some short lines have been created, and become successful, where the spur lines they replaced would otherwise have been wholly abandoned, thereby saving that finger of the national rail network and benefitting the shippers and communities which rely upon it. Nonetheless, much of the literature on the subject largely subdues or ignores the other side of the picture--the impact of short line creation on labor, the problems of undercapitalization on safety and stability of service, the overall constriction of the national rail network, the captivity of short lines to the Class I railroads which dominate them, and other problems. This article seeks to fill that gap in the literature. It is organized in the following chapters: (I) Introduction; (II) The Historical Trend Toward Rail Consolidation; (III) The Abandonment and Spin-Off Phenomena of the 1980s; (IV) The Interstate Commerce Commission's Stimulation of Short Lines; (V) The Economics of Short Line Spin-Offs (A. The Class I Railroads, B. The Short Line and Regional Railroads, and C. Labor); (VI) Capitalization and High Failure Rate; (VII) Holding Company Acquisitions; (VIII) Competition and the Free Market; and (IX) Conclusion." @default.
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- W3125899076 date "1993-01-01" @default.
- W3125899076 modified "2023-09-28" @default.
- W3125899076 title "THE U.S. SHORT LINE RAILROAD PHENOMENON: THE OTHER SIDE OF THE TRACKS" @default.
- W3125899076 hasPublicationYear "1993" @default.
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